Syrcuit Energy Solutions, Inc., a Greeley, Colo.-based renewable energy startup, completed a $6m capital raise via private placement in accordance with the Securities & Exchange Commission Reg-D offering.
Private investors provided funding through the Company’s Officers and Board of Directors. The company now aims to be revenue-generating by Q3 2022.
Syrcuit will use the proceeds to develop strategic partnerships, secure land for future development projects, and general working capital purposes.
Led by Craig Rasmuson, CEO and Founding Partner, Syrcuit is a renewable energy company that plans to operate throughout the Rocky Mountain Region as a developer and installer of renewable energy systems, predominantly solar and geothermal, specializing in large, utility-scale projects. In order to reduce carbon footprints, and offset the rising cost of utilities bills, Syrcuit integrates solar and geothermal energy systems with commercial and industrial clients.